QuantrolOx raises £1.4m in seed funding led by Nielsen Ventures and Hoxton Ventures to advance quantum computing software
The seed round was led by Nielsen Ventures and Hoxton Ventures to scale quantum computing development.
QuantrolOx develops automated machine learning control software designed to tune, stabilise and optimise qubits for quantum technologies. The Oxford spinoff creates technology agnostic solutions aimed at accelerating the deployment of scalable quantum computers.
QuantrolOx has secured £1.4m in seed funding to accelerate the development of scalable quantum computing. The round was led by Nielsen Ventures and Hoxton Ventures, with participation from Voima Ventures, Remus Capital, Dr Hermann Hauser and Laurent Caraffa.
The capital will support the company as it advances its machine learning control software, which addresses the complex challenge of characterising and managing qubits at scale. Current manual tuning methods present a major bottleneck for the sector, making intelligent automation necessary as quantum processors grow in size.
Spun out of Oxford, QuantrolOx builds technology agnostic software applicable across various quantum architectures, with an initial focus on solid-state qubits. The founding team brings together deep-tech entrepreneurs and leading quantum researchers.
From the founder
"In the world of quantum technologies, where data acquisition is expensive and the parameter space is large, it is a massive challenge to develop software to characterise and control qubits at scale,"
Vishal Chatrath
Co-founder and CEO at QuantrolOx
Investor perspective
"I am excited to be backing a world class team and a technology that has the potential of establishing itself as a category leader in the new and rapidly growing quantum ecosystem."
Niels Nielsen
null, Nielsen Ventures
Investors
Niels Nielsen
Nielsen Ventures
Charles Seely
Hoxton Ventures
Jussi Sainiemi
Voima Ventures
Remus Capital
Dr. Hermann Hauser
Laurent Caraffa
Categories
About the company
QuantrolOx
QuantrolOx builds automated control software to tune, stabilise and optimise qubits for quantum computers.